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UNIT 4

FREE ZONES

С In industrial free zones, the following operations are performed:

  1. sale

  2. manufacturing

  3. assessment

  4. loading

5 processing

6 assembly

7 packaging

Exercise 7. Match the verbs with nouns and expressions.

1. to establish a) relief from import duties and taxes

b) development

Exercise 6. Match left and right.

  1. Free zones are established ...

  2. A free zone is generally regarded as ...

  3. In commercial free zones certain operations are performed with goods ...

  4. Goods of domestic origin may be allowed into free zones for...

  5. Industrial free zones are expected ...

  6. Free zones are established by ...

  7. Free zones are established at...

8 Goods can be permitted to move under...

9.Free zones may be termed ...

lO.Free zones may cover the entire port area where...

  1. manufacturing, processing and assembly.

  2. making formal provision in national legislation.

  3. to afford Customs-privileged facilities.

  4. seaports, river ports, airports and places with similar geographical advantages.

  5. being outside the Customs territory.

  1. a national or international transit procedure.

  2. being imported for these purposes.

h)to provide investable resources, technology and employment to the host country.

i) several commercial activities are permitted.

j) free ports, free warehouses or industrial processing zones.

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